An industry leader in innovative memory and storage solutions Micron Technology Inc. (MU) offers a diverse range of high-performance DRAM, NAND, and NOR memory and storage solutions under the Micron and Crucial brands. The company delivered stronger than expected quarterly results last month, backed by high demand from data centers and electric vehicle (EV) manufacturers, and raised its future outlook based on expectations of an easing of chip shortages this year.
The stock has gained 12.8% in price over the past six months and 24.6% over the past three months to close yesterday's trading session at $85.07. Furthermore, the stock hit its $98.45 all-time high on Jan. 5.
